1. Home >
  2. M&A >
  3. Divestiture >
  4. Sweden >
  5. Sandvik Acquires Metso Powdermet AB

M&A Deal Summary

Sandvik Acquires Metso Powdermet AB

On November 23, 2006, Sandvik acquired machinery company Metso Powdermet AB from Metso Outotec

Acquisition Highlights
  • This is Sandvik’s 3rd transaction in the Machinery sector.
  • This is Sandvik’s 2nd transaction in Sweden.

M&A Deal Summary
Date 2006-11-23
Target Metso Powdermet AB
Sector Machinery
Buyer(s) Sandvik
Sellers(s) Metso Outotec
Deal Type Divestiture

Target

Metso Powdermet AB

Surahammar, Sweden
Metso Powdermet AB, based in Surahammar, Sweden, is a supplier of powder metallurgy hot isostatic pressing (HIP) products and components. It provides material technology solutions mainly for offshore, general engineering and energy industry customers.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Sandvik

Stockholm, Sweden
Category Company
Founded 1862
Sector Engineering
Employees41,400
Revenue 122.9B SEK (2024)
DESCRIPTION

Sandvik operates as a global engineering company. Sandvik is a high-technology and global industrial group that produces products and services that enhance customer productivity, profitability, and safety. Sandvik was founded in 1862 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 5 of 62
Sector: Machinery M&A 3 of 11
Type: Divestiture M&A Deals 2 of 5
Country: Sweden M&A 2 of 2
Year: 2006 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-09-18 Implementos Mineros SA

Santiago, Chile

Implementos Mineros SA is a producer and supplier of consumables for rotary drilling and RC (reverse circulation) drilling within mineral exploration.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-29 GE Superabrasives

Worthington, Ohio, United States

GE Superabrasives , Inc. is a manufacturer of diamond, cubic boron nitride, and polycrystalline products. GE Superabrasives works directly with the end users to develop products and applications.

Buy -

Seller(S) 1

SELLER

Metso Outotec

Helsinki, Finland
Category Company
Founded 1990
Sector Machinery
Employees17,424
Revenue 4.9B EUR (2024)
DESCRIPTION

Metso is a frontrunner in sustainable technologies, end-to-end solutions, and services for the aggregates, minerals processing, and metals refining industries globally. Metso was founded in 1990 and is based in Helsinki, Finland.

DEAL STATS #
Overall 3 of 9
Sector: Machinery M&A 2 of 3
Type: Divestiture M&A Deals 3 of 8
Country: Sweden M&A 2 of 3
Year: 2006 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-12-31 Reedrill

Denison, Texas, United States

Reedrill is a manufacturer of surface drilling equipment for use in the mining, construction and utility industries.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-02 Bulk Equipment Systems and Technologies

Brunswick, Ohio, United States

B.E.S.T. Inc. is a supplier of shredder downstream equipment, as well as process control and optimization technologies in North America. It owns engineering and manufacturing facility with a technical test laboratory in Cleveland.

Buy €9M
Mergr

Solution for

Product

Company

Legal